Package your knowledge into an online course and sell it to eager learners worldwide. Whether you’re an expert in digital marketing, cooking, or personal development, there’s likely an audience for your expertise. This can become a source of passive income once the course is created.
Steps to get started:
- Choose a topic you’re knowledgeable and passionate about
- Research the market to ensure there’s demand for your course
- Outline your course content and create engaging materials (videos, worksheets, etc.)
- Choose a platform to host your course (e.g., Teachable, Udemy)
- Record and edit your course content
- Set up a marketing plan to promote your course (social media, email list, etc.)
- Launch your course and gather feedback for future improvements
You’ll have complete control over your pricing strategy, meaning you make lots of money without selling a ton of courses. Earn your first $10,000 by selling:
- $25 courses to 4,00 people
- $50 courses to 2,00 people
- $100 courses to 1,00 people
- $1,000 courses to 10 people
As you can see, turning this into significant side income is quite attainable. In fact, online courses are one of the ways I monetize my online business (AKA this blog you’re reading).
If you want a closer look to see exactly how I do it, sign up for my email list below and join over 800,000 people reading my Insider’s newsletter. I share exclusive content that isn’t available on the blog. Check it out:
